Taulia, a leading provider of working capital management solutions and part of SAP group, and Lloyds, part of Lloyds Banking Group, the UK’s largest retail and commercial financial services provider, have today announced a partnership to issue Visa-enabled Virtual Cards, embedded across a range of solutions available with SAP Business Suite
Through the partnership, Lloyds will extend credit to customers who have purchased the Taulia Virtual Cards solution, allowing companies to issue virtual cards to suppliers worldwide in a seamless B2B payment process. Combining Taulia’s scalable technology with Lloyds’ reach, the partnership offers an innovative and fully embedded payment solution that caters to UK customer needs.
Embedded finance technology seamlessly integrates financial services into non-financial platforms and applications and is a transformative force for businesses seeking to enhance their operations while delivering a superior customer experience. In this case, Taulia utilizes Visa’s APIs to integrate Visa virtual payment credentials, acceptance solutions and supplier enablement services directly into the end-user’s business and enterprise resource planning (ERP) applications.
Virtual Cards can be a game-changer for businesses, opening new opportunities for growth, creativity, and attracting customers. They simplify the payment process, making it more user-friendly while helping businesses work smarter. Virtual Cards improve supplier relationships, reduce the risk of fraud and make managing cash flow much easier — all while keeping payment systems ready for the future.
Danielle Weinblatt, Chief Product Officer, Taulia, comments: “Embedding virtual cards directly within the ERP landscape and having Lloyds as an issuing partner is a game-changer for corporate payments. This collaboration redefines how businesses manage spend, bringing greater control, automation, and working capital optimization directly into their existing workflows. By seamlessly integrating virtual cards into enterprise systems, we are not only streamlining payments but also empowering companies to unlock liquidity, enhance cash flow intelligence, and modernize their financial operations—driving smarter, more agile growth in an evolving global economy.”
Linda Weston, Head of Commercial Cards, Lloyds comments: “We are passionate about helping businesses unlock new value streams and our clients are fast recognising the efficiency and financial benefits of deploying virtual cards for supplier payments. We are thrilled about our partnership with Taulia as it enables truly embedded B2B payments processes in the SAP technology eco-system, making it easy for clients to adopt virtual payments and realise their strategic objectives.”
Lucy Demery, SVP, Head of Visa Commercial Solutions, Visa Europe, comments: “Visa’s mission is to be the best way to pay and be paid, and embedded finance is a strategic opportunity for us to continue to dream, design and build the future of payments. Visa can help drive transformative change through embedded finance in commercial payments and this is a fantastic example of bringing this to life, with two exceptional partners.”